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    6701 Rockside Rd Independence, OH 44131
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    Property profile & analytics

    6701 Rockside Rd, Independence, OH 44131

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    • Medical Office Space
    • 57,912 SF
    • 4.64 lot acres
    Rockside Medical Center Office Space For Lease
    $8,440,000
    28,692 SF

    Rockside Medical Center Office Space

    Premier medical office building with access to major highways.

    6701 Rockside Road, Independence, OH 44131
    View Listing
    Property ID
    US66-2278094
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 6701 Rockside Rd

    Year built
    1979
    Lot size
    4.64 lot acres
    Zone code
    U-5
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    561-26-012
    APU
    56126012

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 21, 2016 $10,350,000 Chct Ohio LLC Patrick Dennison SR Family LP Warranty Deed —
    Apr 21, 2016 — Chct Ohio LLC Dennison Sally Trust Grant Deed · related —
    Dec 16, 2015 — Patrick Dennison SR Family LP Dennison Dev Group LLC Quit Claim Deed · related —
    Jan 26, 2004 — Independence City (oh) Dennison Development Group LLC Grant Deed · related —
    — — Dennison Dev Group LLC — Deed Of Trust · related $200k · Dollar Bk
    — — Dennison Dev Group LLC — Deed Of Trust · related $200k · Dollar Bank Fsb
    — — Dennison Development Group LLC — Deed Of Trust · related $420k · Lorain National Bank
    — — Dennison Dev Group LLC — Deed Of Trust · related $3.9M · Dollar Bank Fsb

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $9,590,000
      6.5%
      $8,855,000
      7%
      $8,220,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,547,000
      Market price range: $3.38M - $9.55M
      AI Estimate
      $6,918,000
      Market price range: $1.97M - $6.92M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $6,295,000
      Current use
      RESTAURANT
      $9,770,000
      Change: +55% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $5,865,000
      Change: -7% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $5,150,000
      Change: -18% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6436
    Latitude
    41.3955
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $226,777
    $424,450
    $3,198,060
    $3,622,510
    -
    $1,212,700
    $9,137,300
    $10,350,000
    View Listing
    More about this property
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